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JOURNAL ENTIRES 1. ABC COMPANY PURCHASED $500,000 BONDS IN XYZ COMPANY 2. ABC COMPANY PURCHASED $500,000 STOCK IN XYZ COMPANY 3. ABC COMPANY PURCHASED 5,000

JOURNAL ENTIRES
1. ABC COMPANY PURCHASED $500,000 BONDS IN XYZ COMPANY
2. ABC COMPANY PURCHASED $500,000 STOCK IN XYZ COMPANY
3. ABC COMPANY PURCHASED 5,000 SHARES OF ITS OWN COMMON STOCK FOR ITS TREASURY. THE PAR VALUE IS $3/SH AND THE SELLING PRICE IS $100/S

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